Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Cemex (CX) Share Price

Media headlines about Cemex (NYSE:CX) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cemex earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 44.7310435870588 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

Get Cemex alerts: Global White Cement Market 2018 Evaluation- Cemex, JKCL, Lafarge, Cementir Holding, Cimsa and Sotacib (exclusivereportage.com) CEMEX, SAB de CV (CX) Stock Price trades -22.96% off from 200- SMA (nasdaqchronicle.com) Tottering Stocks: CEMEX, SAB de CV (NYSE:CX), My Size, Inc. (NASDAQ:MYSZ), Emerge Energy Services LP (NYSE … (thestreetpoint.com) Investor Radar CEMEX, SAB de CV (CX) moves -43.39% away from 52-Week High (nasdaqchronicle.com) These Stocks: Will Rock You: CEMEX, SAB de CV (NYSE:CX), Marrone Bio Innovations, Inc. (NASDAQ:MBII … (thestreetpoint.com)

Shares of Cemex traded up $0.02, reaching $6.03, during trading on Tuesday, Marketbeat reports. 5,467,715 shares of the company were exchanged, compared to its average volume of 9,993,179. The firm has a market cap of $8.57 billion, a PE ratio of 14.71, a price-to-earnings-growth ratio of 0.58 and a beta of 1.39. Cemex has a 12-month low of $5.72 and a 12-month high of $10.37. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.52 and a current ratio of 0.73.

Cemex (NYSE:CX) last issued its earnings results on Thursday, April 26th. The construction company reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.03). The company had revenue of $3.38 billion for the quarter. Cemex had a return on equity of 4.33% and a net margin of 3.58%. equities research analysts predict that Cemex will post 0.6 EPS for the current fiscal year.

A number of analysts recently weighed in on CX shares. Barclays reduced their price objective on shares of Cemex from $11.00 to $10.00 and set an “overweight” rating on the stock in a research report on Friday, March 16th. Zacks Investment Research lowered shares of Cemex from a “hold” rating to a “sell” rating in a research report on Friday, May 4th. Bank of America raised shares of Cemex from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $8.00 to $8.50 in a research report on Monday, April 9th. They noted that the move was a valuation call. ValuEngine lowered shares of Cemex from a “hold” rating to a “sell” rating in a research report on Friday, April 6th. Finally, UBS lowered shares of Cemex from a “buy” rating to a “sell” rating and reduced their price objective for the stock from $7.62 to $6.50 in a research report on Thursday, February 15th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $9.34.

Cemex Company Profile

CEMEX, SAB. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, and other construction materials. The company also offers various complementary construction products, including asphalt products; concrete blocks and roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products comprising rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs.